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On May 28, according to HTX market data, Bitcoin led the cryptocurrency market in a sharp decline during Thursday's early trading, quickly dropping to a new low not seen in over a month before slightly rebounding, currently priced at $74,453. This drop resulted in a total liquidation of $160 million across the network within four hours, with $151 million in long positions being liquidated. In related news, an explosion occurred at Abbas Port in Iran around 5 AM Beijing time today, prompting the activation of the air defense system for several minutes. Additionally, the U.S. military stated that they are in position and ready to launch an attack on Cuba at any time. At the close of the U.S. stock market, the three major indices saw slight gains, with mixed performance in technology stocks. The Dow Jones rose by 0.36%, the S&P 500 increased by 0.02%, and the Nasdaq gained 0.07%. Micron Technology (MU.O) rose by 3.63%, reaching a new high, while Qualcomm (QCOM.O) dropped over 6% and Intel (INTC.O) fell by 1.4%.

[Thursday Market Plunge: Bitcoin Drops First as Tensions Rise in Iran]On May 28, according to HTX market data, Bitcoin led the cryptocurrency market in a sharp decline during Thursday's early trading, quickly dropping to a new low not seen in over a month before slightly rebounding, currently priced at $74,453. This drop resulted in a total liquidation of $160 million across the network within four hours, with $151 million in long positions being liquidated. In related news, an explosion occurred at Abbas Port in Iran around 5 AM Beijing time today, prompting the activation of the air defense system for several minutes. Additionally, the U.S. military stated that they are in position and ready to launch an attack on Cuba at any time. At the close of the U.S. stock market, the three major indices saw slight gains, with mixed performance in technology stocks. The Dow Jones rose by 0.36%, the S&P 500 increased by 0.02%, and the Nasdaq gained 0.07%. Micron Technology (MU.O) rose by 3.63%, reaching a new high, while Qualcomm (QCOM.O) dropped over 6% and Intel (INTC.O) fell by 1.4%.

Thursday Market Plunge: Bitcoin Drops First as Tensions Rise in Iran

On May 28, Iranian media outlet Fars News reported that around 1:30 AM local time (5:00 AM Beijing time), residents in southern Iran's Abbas Port heard explosions. Sources from Abbas Port indicated that three to four explosions were heard from a distance, similar to the direction of explosions that occurred a few nights ago. It was reported that the local air defense system was activated for several minutes.

[Explosion in Iran's Abbas Port Triggers Air Defense System]On May 28, Iranian media outlet Fars News reported that around 1:30 AM local time (5:00 AM Beijing time), residents in southern Iran's Abbas Port heard explosions. Sources from Abbas Port indicated that three to four explosions were heard from a distance, similar to the direction of explosions that occurred a few nights ago. It was reported that the local air defense system was activated for several minutes.

Explosion in Iran's Abbas Port Triggers Air Defense System

On May 28, Cointelegraph reported that the White House is reviewing the prediction market rules proposed by the Commodity Futures Trading Commission (CFTC), following Trump's expression of support for the agency's jurisdiction over the industry.

[White House Reviewing CFTC's Proposed Prediction Market Rules]On May 28, Cointelegraph reported that the White House is reviewing the prediction market rules proposed by the Commodity Futures Trading Commission (CFTC), following Trump's expression of support for the agency's jurisdiction over the industry.

White House Reviewing CFTC's Proposed Prediction Market Rules

On May 28, Trump stated during a cabinet meeting that the Strait of Hormuz will be open to everyone and that no one can control it. The U.S. will oversee it, as it is international waters. Oman should either comply or we will have to bomb them.

[Trump: Strait of Hormuz Will Be Open to All, U.S. Will Oversee It]On May 28, Trump stated during a cabinet meeting that the Strait of Hormuz will be open to everyone and that no one can control it. The U.S. will oversee it, as it is international waters. Oman should either comply or we will have to bomb them.

Trump: Strait of Hormuz Will Be Open to All, U.S. Will Oversee It

On May 28, Meta CEO Mark Zuckerberg stated during the annual shareholder meeting on Wednesday that the company might enter the cloud computing market if its spending on data centers leads to excess computing power. "This is definitely within the realm of consideration," Zuckerberg said in response to a question about whether the company would compete with Amazon and Microsoft in the cloud computing sector. He added, "We haven't done this yet because we believe computing power is useful to us. Of course, if we feel that computing power is in excess, that is also an option we can consider, which is one of the reasons we are confident in investing in building this technology."

[Zuckerberg Says Meta Considering Entry into Cloud Computing Market]On May 28, Meta CEO Mark Zuckerberg stated during the annual shareholder meeting on Wednesday that the company might enter the cloud computing market if its spending on data centers leads to excess computing power. "This is definitely within the realm of consideration," Zuckerberg said in response to a question about whether the company would compete with Amazon and Microsoft in the cloud computing sector. He added, "We haven't done this yet because we believe computing power is useful to us. Of course, if we feel that computing power is in excess, that is also an option we can consider, which is one of the reasons we are confident in investing in building this technology."

Zuckerberg Says Meta Considering Entry into Cloud Computing Market

On May 28, the Dollar Index DXY saw a slight increase, currently reported at 99.25, with most non-US currencies experiencing declines. (Jin Shi)

[Dollar Index DXY Slightly Rises, Currently at 99.25]On May 28, the Dollar Index DXY saw a slight increase, currently reported at 99.25, with most non-US currencies experiencing declines. (Jin Shi)

Dollar Index DXY Slightly Rises, Currently at 99.25

On May 28, spot gold experienced a slight decline, reaching down to $4,450 per ounce, with a daily drop of 0.14%. In news, the U.S. military has carried out new strikes on Iranian military bases. (Jin Shi)

[Spot Gold Slightly Declines, Touches $4,450/oz]On May 28, spot gold experienced a slight decline, reaching down to $4,450 per ounce, with a daily drop of 0.14%. In news, the U.S. military has carried out new strikes on Iranian military bases. (Jin Shi)

Spot Gold Slightly Declines, Touches $4,450/oz

On May 28, a US official told Reuters that the US military conducted new strikes on an Iranian military base that posed a threat to US forces and commercial navigation in the Strait of Hormuz. The US military also intercepted and shot down multiple Iranian drones that threatened US forces and commercial maritime traffic.

[US Officials: New Strikes by US Military on Iranian Military Base]On May 28, a US official told Reuters that the US military conducted new strikes on an Iranian military base that posed a threat to US forces and commercial navigation in the Strait of Hormuz. The US military also intercepted and shot down multiple Iranian drones that threatened US forces and commercial maritime traffic.

US Officials: New Strikes by US Military on Iranian Military Base

On May 28, Trump highlighted his 'achievements' during a cabinet meeting, stating that typical family tax refunds are nearly $5,000; the stock market has reached 68 record highs since he took office; and the average 401k balance has increased by nearly $30,000.

[Trump Lists Achievements in Cabinet Meeting: Stock Market Hits 68 Record Highs Since Taking Office]On May 28, Trump highlighted his 'achievements' during a cabinet meeting, stating that typical family tax refunds are nearly $5,000; the stock market has reached 68 record highs since he took office; and the average 401k balance has increased by nearly $30,000.

Trump Lists Achievements in Cabinet Meeting: Stock Market Hits 68 Record Highs Since Taking Office

On May 27, according to monitoring data from Farside Investors, the US spot Ethereum ETF experienced a net outflow of $35.1 million yesterday.

[US Spot Ethereum ETF Sees Net Outflow of $35.1 Million Yesterday]On May 27, according to monitoring data from Farside Investors, the US spot Ethereum ETF experienced a net outflow of $35.1 million yesterday.

US Spot Ethereum ETF Sees Net Outflow of $35.1 Million Yesterday

$50 Million Funding Ignites Airdrop Anticipation, Variational Becomes New Focus of Perp DEX

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BTC breaks through 76000 USDT

US Spot Ethereum ETF Sees Net Outflow of $35.1 Million Yesterday

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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